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Fannie-Freddie Overhaul Might Mint Hedge Fund Riches, Losses

Fannie-Freddie Overhaul Might Mint Hedge Fund Riches, Losses

Whether shareholders make a killing or get wiped out might hinge on a yet-to-be written provision of a draft Senate bill that marks lawmakers’ latest attempt to overhaul Fannie and Freddie, which have been wards of the state for almost a decade.

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